RHK 5.41% 78.0¢ red hawk mining limited

trading halt, page-37

  1. 664 Posts.
    Hey freeprom; "I checked most of the other I/O majors - no T/H..."

    If there is a deal stuck with another big player, the 'big player' would be little affected by the JV, as it wouldn't stand to gain as much as the little guy who now has the support of the monster.

    IF FMS and RIO made a deal, everyone would be buying shares in FMS and not in RIO, as FMS now has the support (biggest potential from where it is today to move up), while RIO is only the team making it possible for the little guy to shine, and their share price wont see the same amount of 'interest' in such an announcement.

    Also if you might have noticed that every time their is a Takeover the smaller party (take over target) shares increase, while the big party (bidders) shares decrease. The bidder usually has to out lay a lot of capital to make the deal happen, the target usually gets all the benefits (in the short term), we all know who will benefit the most in the long term though.

    So on that reasoning; the other company does not need a trading hault if it is in fact involved in a JV deal, just as long as its disclosed to the market once the smaller company releases the info.

    I am in no way suggesting that's what has happened here or will happen, its pure speculation, like every other opinion here today.

    We just wait :)
 
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78.5¢ 78.5¢ 78.0¢ $1.272K 1.63K

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2 5832 74.0¢
 

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79.0¢ 551 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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